Thousands of jobs at risk as India’s Tata Steel seeks British exit

LONDON/MUMBAI: India’s Tata Steel is seeking to sell Britain’s biggest steel making business, putting thousands of jobs at risk in an industry that once dominated Britain but has been brought…

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Pakistan economic outlook positive but challenges remain: ADB    

ISLAMABAD: Pakistan’s economy will continue to pick up in fiscal year (FY) 2016 as reform and stabilization measures provide a lift, with higher foreign exchange reserves, and softer inflation and…

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Pak-Iran trade potential to touch $ 5bln in five years: IIAA chief

ISLAMABAD: President Islamabad Industrial Area Association (IIAA) Faridoon Khattak on Thursday said that Pakistan and Iran have embarked on boosting bilateral trade which is expected to touch $5 billion in…

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Dollar extends retreat as Yellen comments linger     

TOKYO: The dollar retreated against most emerging currencies Thursday, with the South Korean won rising sharply as the prospect of low US interest rates boosting demand for higher-yielding assets. The…

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Govt to revive economy, envisions Pakistan as ‘Asian Tiger’: Haroon Akhtar

KARACHI: Minister of State and Special Assistant to Prime Minister on Revenue assured that policy of the government is to revive the economy and help business community so that Pakistan…

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Pakistan’s officials visit Iran to settle gas deal

TEHRAN: A senior Iranian official has announced the planned visit by a Pakistani delegation to Iran for high-profile natural gas deal. National Iranian Gas Exports Company (NIGEC) Managing Director Alireza…

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US succeeds in cracking Apple’s iPhone, falls legal action

SAN FRANCISCO: The US Justice Department said on Monday it had succeeded in unlocking an iPhone used by one of the San Bernardino shooters and dropped its legal case against…

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Agri production requires to improved on scientific lines: Ministry

ISLAMABAD: Food Security and Research Minister Sikandar Hayat Khan Bosan on Tuesday stressed the need to improve agriculture production system on scientific lines to enhance sustainable food production. He said…

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‘Govt plans to achieve GDP over 5% in 2015-16’ Dar

ISLAMABAD: Minister for Finance Ishaq Dar here on Tuesday said that having achieved economic stabilization, the government was now fully focused on inclusive economic growth and was aiming at achieving…

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Fresh US sanctions a headache for companies related to North Korean gold

WASHINGTON: More than two dozen US-listed companies have links to North Korean gold in their supply chains, according to regulatory disclosures reviewed by Reuters, potentially putting them at risk of…

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